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Reading: Crypto laundering! Rs 623 crore stolen – 2872 victims? How this sophisticated money laundering model came under radar? REVEALED
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Crypto News

Crypto laundering! Rs 623 crore stolen – 2872 victims? How this sophisticated money laundering model came under radar? REVEALED

Last updated: November 18, 2025 2:40 pm
Published: 5 months ago
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Crypto News Today: At least 27 cryptocurrency exchanges or Virtual (digital) Asset Service Providers, have been reportedly flagged by the Ministry of Home Affairs as platforms used by cyber criminals to launder several crores from over 2500 victims within a period of less than 2 years. According to officials, the quantum of money revealed and recorded crime proceeds is only the tip of the iceberg. These are the revelations of the investigation report by The Indian Express.

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